Element of the Marketing Mix Demonstrated When an Art Gallery

question 120

Multiple Choice

element of the marketing mix demonstrated when an art gallery suggests a $2.00 donation at the door is __________.

• A) philanthropy
• B) place
• C) product
• D) promotion
• E) price

---

Definitions:

Default

The failure to meet the legal obligations of a loan, typically by not making the required payments.

Re-Perfect

The act of renewing or restoring a security interest or claim in property to its original status or priority, generally after it has been lapsed or compromised.

Security Interest

A legal claim or lien on collateral that has been pledged, usually to secure a loan or obligation.

Financing Statement

A document filed to give public notice that a lender has a security interest in a debtor's asset, used in securing financing.